Sterlite Power Won New Orders Worth INR 2,500 Crore in Q4 FY24
The cumulative order wins of Sterlite Power in FY24 reached INR 7,000 crore, representing a 35 percent year-on-year (YoY) increase as compared to FY23. April
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STL Unveils US-Made, ‘Build America, Buy America’ Compliant Fiber Optic Solutions
Optical and digital solutions provider, STL, recently announced that their fiber optic cable products manufactured in the US are compliant with the ‘Build America, Buy
Superior Essex Becomes Sole Owner of Essex Furukawa Magnet Wire Company
Superior Essex successfully completes acquisition of Essex Furukawa Magnet Wire from Furukawa Electric Company Limited, plans to relaunch its magnet wire business under a new
LS Eco Energy to Supply HV Cables to Energinet in Denmark
Under the deal worth USD 30.51 million, LS Eco Energy will supply high-voltage cables to Energinet, a Danish state-owned energy company, for three years. April
Hellenic Cables Gets US Aid to Build New Cable Manufacturing Facility
The facility, worth around USD 300 million, will be built at Baltimore in Maryland. It will manufacture underwater and underground cables for offshore wind and
Nexans Signs Ground-Breaking Service Level Contract with Equinor
The four-year agreement covers approximately 3,000 km of cable. It includes turnkey repair services for various cable systems by Nexans, while Equinor will manage and
India Ranked Third Largest Primary Global Energy Consumer
India aims to achieve 500 GW installed capacity from non-fossil fuel based capacity, such as hydro, nuclear, solar PV, wind and biomass, by 2030. Efforts
DMB Acquires GIC Magnet; Eyeing Global Consolidation
The acquisition will expand DMB’s market reach, enabling it to diversify its offerings and engage with a broader range of customers in the power and
India will Require USD 500 Billion Capex to Expand Power Transmission Grid
As per the report by Goldman Sachs, Power Grid Corporation of India will be the prime beneficiary of this massive grid expansion, which will account
STL Raises INR 1000 Crore via QIP; Boosts Confidence of Investors
STL raised INR 1000 crore through a QIP route planned to be utilized towards strengthening their balance sheet. Apr 17, 2024 STL, a leading optical